Concord Medical Balance Sheet Health
Financial Health criteria checks 6/6
Concord Medical has a total shareholder equity of NT$671.5M and total debt of NT$35.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are NT$1.1B and NT$471.9M respectively. Concord Medical's EBIT is NT$58.0M making its interest coverage ratio -508.6. It has cash and short-term investments of NT$291.7M.
Key information
5.2%
Debt to equity ratio
NT$35.00m
Debt
| Interest coverage ratio | -508.6x |
| Cash | NT$291.68m |
| Equity | NT$671.48m |
| Total liabilities | NT$471.86m |
| Total assets | NT$1.14b |
Recent financial health updates
Recent updates
Here's Why Concord Medical (GTSM:6518) Can Manage Its Debt Responsibly
Apr 30
Are Dividend Investors Making A Mistake With Concord Medical Co., Ltd. (GTSM:6518)?
Mar 31The Trends At Concord Medical (GTSM:6518) That You Should Know About
Mar 03Here's How We Evaluate Concord Medical Co., Ltd.'s (GTSM:6518) Dividend
Dec 29Returns On Capital At Concord Medical (GTSM:6518) Paint An Interesting Picture
Nov 30
Financial Position Analysis
Short Term Liabilities: 6518's short term assets (NT$624.9M) exceed its short term liabilities (NT$278.2M).
Long Term Liabilities: 6518's short term assets (NT$624.9M) exceed its long term liabilities (NT$193.7M).
Debt to Equity History and Analysis
Debt Level: 6518 has more cash than its total debt.
Reducing Debt: 6518's debt to equity ratio has reduced from 27.1% to 5.2% over the past 5 years.
Debt Coverage: 6518's debt is well covered by operating cash flow (310%).
Interest Coverage: 6518 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:18 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Concord Medical Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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